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Veidekke

Regulatory Filings Sep 27, 2018

3781_rns_2018-09-27_0118d24a-efef-4b77-93b0-fd2444d2da89.html

Regulatory Filings

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Veidekke ASA: Secures major hospital contract in Haugesund

Veidekke ASA: Secures major hospital contract in Haugesund

Veidekke has won a commission to build Haugesund's new hospital building, and

signed the contract with Fonna Hospital Trust today. The design and build

contract is valued at approximately NOK 750 million excluding value added tax.

"We are extremely proud to have won this commission, and recognise the

importance of the new hospital building to very many people. The project will

require close, effective coordination between all involved parties, and will

place rigorous demands on us in our capacity as contractor. We are grateful to

Fonna Hospital Trust for their confidence in us, and look forward to getting

started with the collaboration phase and building work," says Hans Olav Sørlie,

Veidekke Executive Vice President, Building Construction Norway.

The new hospital building will house a combined accident and emergency

department for patients with physical and psychiatric illnesses, new operating

theatres, a maternity ward and a cutting-edge laboratory. An intensive care

unit, observation ward, cardiovascular unit and geriatric unit will also be

built. The 18.000+ m2building will be situated next to the existing hospital in

the centre of Haugesund.

"This assignment means a lot to us and to our many partners in Haugaland

district. Veidekke is not only a local contractor executing smaller and larger

projects in the district, but also a regional undertaking that can draw on

resources from other parts of the group when needed. It is therefore

particularly satisfying to win a large commission like this one in Haugesund. We

look forward to sharing our extensive hospital construction knowledge and

experience with our project partners," concludes Sørlie.

Veidekke and Fonna Health Trust will now work together to refine and finalise

the project plans. Construction kick-off is scheduled for the New Year, and

completion of the new building for the spring of 2021.

Read more about the project here: https://helse-fonna.no/bygghaugesund2020

(Norwegian only).

For more information, please contact:

Executive Vice President Hans Olav Sørlie, tel. 91 74 49 23, hans

[email protected]

District Manager Ove Nedrebø, tel. 95 70 29 06, ove.nedrebø@veidekke.no

Communications Manager Helge Dieset, tel. 90 55 33 22, [email protected]

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its involvement and

local knowledge. Its annual turnover is NOK 32 billion, and half of its 8,000

employees own shares in the company. Veidekke is listed on the Oslo Stock

Exchange and has always posted a profit since it was founded in 1936.

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